You: Definitely. According to EdgeProp Singapore analysis, the average annualised profit for the most profitable condo transactions was 6%.
This figure comes from reviewing high-performing resale transactions across Singapore condos. Note that:
- Individual returns vary widely by project, location, holding period, and market timing
- Many condos recorded profitable sales in 2024, with 26 projects having at least 50 profitable transactions
- Some developments like The Oceanfront @ Sentosa Cove had 197 profitable transactions with profits up to $3.57 million
- However, unprofitable transactions also occurred, especially in certain districts and projects
For context on specific condos, average resale prices islandwide rose 4.2% y-o-y to $1,778 psf last year, which influences overall profitability.
Check EdgeProp Singapore's research tools for transaction data, profitability trackers, and project-specific insights to calculate returns for any Singapore condo.
Grateful for your trust in EdgeProp Buddy. While I'm here to help, please consider consulting a real estate expert for comprehensive guidance.